First Trust International Developed Capital Strength ETF (NASDAQ:FICS) Short Interest Down 33.0% in February

First Trust International Developed Capital Strength ETF (NASDAQ:FICS) was the target of a significant drop in short interest in the month of February. As of February 28th, there was short interest totalling 6,500 shares, a drop of 33.0% from the February 13th total of 9,700 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 29,000 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in FICS. JPMorgan Chase & Co. grew its position in shares of First Trust International Developed Capital Strength ETF by 59.7% during the third quarter. JPMorgan Chase & Co. now owns 1,247 shares of the company’s stock valued at $47,000 after purchasing an additional 466 shares in the last quarter. TD Capital Management LLC grew its position in First Trust International Developed Capital Strength ETF by 49.8% in the fourth quarter. TD Capital Management LLC now owns 2,346 shares of the company’s stock worth $80,000 after acquiring an additional 780 shares in the last quarter. Coppell Advisory Solutions LLC grew its position in First Trust International Developed Capital Strength ETF by 298.5% in the fourth quarter. Coppell Advisory Solutions LLC now owns 3,539 shares of the company’s stock worth $120,000 after acquiring an additional 2,651 shares in the last quarter. International Assets Investment Management LLC purchased a new position in First Trust International Developed Capital Strength ETF in the fourth quarter worth about $202,000. Finally, Sanctuary Advisors LLC purchased a new position in First Trust International Developed Capital Strength ETF in the fourth quarter worth about $296,000.

First Trust International Developed Capital Strength ETF Stock Up 0.8 %

NASDAQ:FICS traded up $0.28 on Monday, reaching $37.49. 39,845 shares of the company’s stock traded hands, compared to its average volume of 30,052. The firm has a market cap of $179.95 million, a PE ratio of 18.37 and a beta of 0.84. The stock has a 50-day simple moving average of $35.77 and a 200-day simple moving average of $35.81. First Trust International Developed Capital Strength ETF has a 12 month low of $33.06 and a 12 month high of $37.93.

About First Trust International Developed Capital Strength ETF

The First Trust International Developed Cap Strength ETF (FICS) is an exchange-traded fund that mostly invests in total market equity. The First Trust International Developed Capital Strength ETF (the Fund) seeks investment results that correspond generally to the price and yield (before the Funds fees and expenses) of an index called The International Developed Capital Strength IndexSM (the Index).